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Vision Infra IPO

Open Sme
NSE 06 September - 10 September 2024
Vision Infra Equipment Solutions Limited IPO is a book build issue of 106.21 Cr. The issue is entirely a fresh issue of 6516000 shares aggregating to 106.21 Cr. Vision Infra Equipment Solutions Limited IPO opened for subscription on Sep 06, 2024 and closed on Sep 10, 2024. The allotment for the this IPO was finalized on Sep 11, 2024. IPO was listed on NSE and BSE on Sep 13, 2024. Vision Infra Equipment Solutions Limited IPO is set issue price band at ₹155 to ₹163 per share.

Current GMP

₹75 (+46.01%)

Price Band

₹ 155 – 163

Lot Size

800

Issue Size

₹106.21 Cr

Minimum Investment

₹260800 (1600 Shares)

Listing Date

13 September 2024

Subscription

-

About the Company

 Vision Infra Equipment Solutions is a leading provider in the equipment industry, offering services in airports, smart cities, irrigation, buildings & factories, mining, railways, and more. Their range of services includes equipment rental for road construction, as well as equipment trading and refurbishment. The road construction equipment rental business operates through two modes: time-based pricing and output-based pricing. 

Time-based pricing allows customers to pay a fixed fee based on equipment usage or duration. This model is commonly used in leasing equipment to contractors and developers in infrastructure and road construction projects such as paving. 

Output-based pricing, on the other hand, charges customers based on the results delivered by the service provider, rather than a fixed fee or hourly rate. This model is often used in services like milling and crushing during road construction activities. 

During the FY 2021 the company refurbished and/or sold more than 200 number of equipment which expanded to more than 600 number of equipment during FY 2023 and as of 30 November 2023 the company has refurbished and/or sold around 226 number of road construction equipment.

Promoters

Vision Infra Equipment Solutions Limited Promoters

  1. Sachin Vinod Gandhi
  2. Chetan Vinod Gandhi
  3. Sameer Sanjay Gandhi
Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

0.00%

Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. Funding Capital Expenditure towards the purchase of additional equipment
  2. Funding to meet working capital requirements
  3. General Corporate Purpose

Address / Contact Info

Vision Infra Equipment Solutions Limited
Shop No 401-405, Bhawani, International
BusinessBay, Bhavani Peth, 
Pune City, Maharashtra, India, 411042

 Phone: +91 (020) - 26440999
Email: info@visioninfraindia.com
Website: http://www.visioninfraindia.com

IPO Snapshot

Face Value₹10 per share
Price Band₹ 155 – 163
Lot Size800
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 106.21 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 106.21 Cr
Listing AtNSE
Industry
Sector
QIB Quota18.97%
Retail Quota33.2%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Vision Infra IPO is a Book-building IPO worth ₹106.21 crores. The price band is ₹155 to 163 per share. The IPO opens on Fri, Sep 6, 2024 and closes on Tue, Sep 10, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The Vision Infra IPO opens on Fri, Sep 6, 2024 and closes on Tue, Sep 10, 2024

Vision Infra IPO Price Band is ₹155 to 163.

Vision Infra IPO lot size is 800, and the minimum amount required for application is ₹260800.

The minimum investment for Vision Infra IPO is approximately ₹260800 based on the upper price band.

To apply for the Vision Infra IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 10, 2024. After submission, funds are blocked until the basis of allotment of Vision Infra IPO is finalised.

Vision Infra IPO issue size is ₹106.21 crores.

Vision Infra IPO allotment date is Sat, Jun 27, 2026.

The registrar for Vision Infra IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Vision Infra IPO through their official website or helpline.

The Vision Infra IPO GMP (Grey Market Premium) is ₹75 as of Tue, Sep 10, 2024. Based on the upper price band of ₹163 per share, the estimated Vision Infra IPO listing price is ₹238, indicating a potential listing gain of approximately 31% over the issue price.